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TWENTY-FIFTH AVENUE LTD

Registered charity 1123817 · accounts filings on the Charity Commission register

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Latest income
£9.0m
Latest spending
£8.3m
Registered
2008
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net income of £100,899 for the year ended 31 May 2023, resulting in total unrestricted funds of £129,102. The trustees confirmed that the charity has adequate resources to continue operating for the foreseeable future, with no material uncertainties identified regarding its going concern status.

What the accounts disclose

Related-party transaction: Charity paid £427,000 to Thames Housing Management Limited for property management services; Charles Osaghae and Clement Akinrinde are directors of this related company.
“The Cliarity paid f427, 000 to Thanies Housing Management Limited in respect of property management seivices. Charles Osaghae and Clement Akinrinde are dtrectoiu of Thames Housing Management Limited” — page 22
“Clement Akinrinlade a tmstee was paid 6200 as reinibursement towards travels on behalf of the charity”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Clement Akinrinlade received £200 reimbursement for travel expenses.
“The Cliarity paid f427, 000 to Thanies Housing Management Limited in respect of property management seivices. Charles Osaghae and Clement Akinrinde are dtrectoiu of Thames Housing Management Limited” — page 22
“Clement Akinrinlade a tmstee was paid 6200 as reinibursement towards travels on behalf of the charity”
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Crean and Company Accountants Limited. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/05/2025)

Total income
£9.0m
Total spending
£8.3m
Reserves (reported)
£1.8m
Employees
13

Reported reserves equal ~2.6 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bexley · Greenwich · Kent · Lewisham

Income and spending

Financial year endIncomeSpending
31/05/2025£9.0m£8.3m
31/05/2024£5.8m£5.2m
31/05/2023£3.7m£3.6m
31/05/2022£2.3m£2.5m
31/05/2021£1.4m£1.3m

Common questions

Is TWENTY-FIFTH AVENUE LTD financially healthy?

The accounts state that the charity reported a net income of £100,899 for the year ended 31 May 2023, resulting in total unrestricted funds of £129,102. The trustees confirmed that the charity has adequate resources to continue operating for the foreseeable future, with no material uncertainties identified regarding its going concern status. Its FY2023 accounts were audited by Crean and Company Accountants Limited.